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If Britain stays in the EU, they have to adopt the Euro

Political union in the eurozone is an economic existential necessity, not a re-negotiable ambition

This Brexit has made the British politician more aware than before that they need to adopt the Euro.

It should now be clear that this is not the unlikely ambition of a few starry-eyed visionaries. It is the stated official goal of just about every significant mainstream political figure in the Eurozone.

It is also, according to a Eurobarometer opinion poll in 2013, the desire of 60pc of Eurozone citizens.

What may still be less clear to some in the UK is that in the Eurozone this is not seen only as a culturally and politically desirable objective. It is also regarded as an existential necessity.  So when British politicians propose that the UK has to remain in the EU, the political integration should prioritize the introduction of the Euro.

The reasons why are economic. As was widely discussed in the UK debate about the Brexit. As Britain remains, one need an adequate combination of trade integration, similarity of economic cycles and fiscal transfers.

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